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TSCO Tesco Plc

291.40
-1.60 (-0.55%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.60 -0.55% 291.40 291.90 292.10 294.20 290.90 292.80 11,929,324 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 68.9B 1.19B 0.1670 17.49 20.77B

Tesco Resolution to Reelect Director Bertrand Bodson Passes With a Low Vote

17/06/2022 5:33pm

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By Anthony O. Goriainoff

 

Tesco PLC said late Friday that a resolution to reelect Bertrand Bodson as a director passed with low votes in favor at its annual general meeting.

The U.K. retailer said that it was disappointed with the level of votes cast against the resolution, which only received a 70.71% approval.

The board said it unanimously supported Mr. Bodson's reelection and said he continues to make an effective and valuable contribution to the board as well as to the Corporate Responsibility Committee.

"Following the AGM, the board will continue to engage with shareholders to discuss any ongoing concerns but we understand that this was primarily driven by the votes of some shareholders who applied a more stringent voting policy on directors' external commitments, despite his exemplary attendance record and the value he adds to the board through his expertise and experience," the company said.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

June 17, 2022 12:18 ET (16:18 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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